Arnault family tightens grip on LVMH with €407 million share buy
The Arnault family has spent over €400 million to increase its control of LVMH, the world's largest luxury group. Between late January and early February 2026, they bought roughly 757,000 shares, raising their capital stake above 50%. The move signals strong confidence in the company's future despite recent stock market challenges.
LVMH's stock has faced a difficult start to the year, dropping 11.90% since January. By February 22, 2026, its market value had fallen from around €280 billion to between €265 billion and €267 billion. The share price, now at €565.40, remains well below its 52-week peak of €693.40.
The Arnault family's buying spree, however, has provided a psychological lift. Their aggressive purchases suggest they see the current price as a good opportunity. The stock's recent rebound—including a 1.80% daily gain—has also pushed it back above its 200-day moving average, a sign some analysts view as stabilisation.
The family now holds over 50% of the company's capital and nearly 65% of voting rights. This consolidation comes as questions grow about LVMH's leadership transition. After Bernard Arnault steps down, control of the central family holding, Agache, will be shared equally among his five children.
The Arnault family's €407 million investment reinforces their dominance over LVMH. With a stronger grip on voting power and capital, they have sent a clear message to institutional investors about their long-term belief in the business. The stock's recent recovery may ease some concerns, but the company's leadership plans remain under scrutiny.
